logo
Share SHARE
FONT-SIZE Plus   Neg

Maple Leaf Foods' Board Intends To Appoint David Emerson As Chairman

Maple Leaf Foods (MFI.TO) said David Emerson is being nominated to join the company's Board as an independent director and will stand for election at its Annual General Meeting on May 2, 2012. Subject to shareholder approval of the nomination, the Board plans to appoint Emerson as Chairman, replacing Purdy Crawford who will retire from the Board following the annual meeting.

Maple Leaf Foods also said directors Gordon Ritchie, Chaviva Hošek and James Hankinson will not seek re-nomination at the May 2 Annual Meeting. As a result, the size of the Maple Leaf Board will decrease from 13 to 10 directors following the meeting; eight of those 10 directors will be independent.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Two major hospitals Ascension Health and Providence St. Joseph Health are in discussion for merger to create one of the largest hospital chain, reported Wall Street Journal. The combination is expected to have 191 hospitals with an annual revenue of around $45 billion. The new entity would dethrone America's largest hospital operator Hospital Corporation of America that owns 177 hospitals and reve Uber has mistakenly charged a customer in Toronto an astounding C$18,518.50 for a five-mile, 21-minute ride. In U.S. dollar terms, the amount would be more than $14,400. The five-mile ride should have only cost between C$12 and C$16. French baby formula maker Lactalis has issued a major international product recall over fears of salmonella contamination. French health authorities have ordered the dairy company to stop selling hundreds of products worldwide, after 26 infants fell ill with salmonella poisoning in France. Salmonella infections can be life-threatening mainly for young children.
comments powered by Disqus
Follow RTT